Ouster (OUST) CRO sells 8,723 shares in tax-related RSU settlement
Rhea-AI Filing Summary
Ouster, Inc. Chief Revenue Officer Cyrille Jacquemet reported an open-market sale of 8,723 shares of common stock. The shares were sold primarily to cover withholding taxes triggered by the vesting and settlement of restricted stock units, according to the filing footnotes.
Shares were sold at a weighted average price of about $38.82 per share, across multiple trades within a narrow price range. After these transactions, Jacquemet directly holds 114,434.5 Ouster common shares, indicating this was a relatively small, tax-related sale compared with his remaining stake.
Positive
- None.
Negative
- None.
Insights
Small tax-driven sale tied to RSU vesting; routine, not thesis-changing.
Ouster’s Chief Revenue Officer, Cyrille Jacquemet, sold 8,723 common shares at a weighted average price of about $38.82 per share. Footnotes state the sale was done to cover withholding taxes from vested and settled restricted stock units, a common equity-compensation event.
Following the sale, Jacquemet still holds 114,434.5 shares directly, so the transaction represents a modest portion of his position. Because the activity is tax-related rather than a discretionary liquidation, and the size is relatively small, it carries limited informational value for investors and does not materially alter the investment picture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,723 | $38.823 | $339K |
Footnotes (1)
- Reflects shares sold to cover withholding taxes incurred upon the vesting and settlement of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.82 to $39.54. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.